NOT LISTED FOR SALE

2961 E Waterman Way Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,972,000 - $2,069,000

5 Beds
5 Baths
4,826 Sq Ft
$419/Sq Ft Est. Value

Last Sold January 18, 2012

Last sale price $670,000 $139 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $11,460/month

22 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • 0.52 Acre Lot
  • San Tan Elementary School Rated A
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of January 2012

Traditional Elegance with a Perfect Location! Magnificent estate perfectly placed on one of the larger interior lots in highly desirable gated Whitewing at Higley. This well-crafted home has it all. Almost 5000sf0, 5bdrms, 5 full baths, oversized 4 car garage, grand formal area, family/game rm plus office all on single level w plenty of space left on over 1⁄2 acre lot. Quality finishes start w entire front of home covered in stone & canterra then continue inside w generous use of canterra, travertine, granite, fine woodwork. An entertainers dream. Huge kitchen has 2 islands w plenty of seating, full home audio visual system, lrg game rm w wetbar, large patio w canterra wrapped 2way fireplace, pool/spa,large grass area. Feature list under document tab

Last Agent to Sell the Property

Bonnie Dillon

HomeSmart License #BR521544000 Listed on: 11/23/2011

Co-Listed By

Andre Aubut

West USA Realty License #BR553572000

Last Buyer's Agent

Dan Porter

RE/MAX Solutions License #BR632938000

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,683

Year Built

  • Built in 2006

Lot Details

  • 0.52 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,826 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Playground

Schools

  • Coronado Elementary School
  • Higley Traditional Academy Middle School
  • Higley High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 304-52-161

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • City Property Mngmt Association, Phone Number (602) 437-4777
  • Built by Cland Custom Homes
  • Whitewing At Higley Subdivision, Custom Floorplan

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,683

Year Built

Built in 2006

Lot Details

0

HOA Fees

$152 per month

Parking

4

Listing Details

  • Cross Street: Pecos & Higley
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 152.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2011
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.52
  • Co List Office Mls Id: kwev01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: Whitewing at Higley
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, R-Value Upgrades, Multi-Zones
  • General Property Description:PriceSqFt: 138.83
  • Association Fees:HOA Fee2: 152.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: Two Way Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4826.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Storage
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Fenced
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: RV Gate, Garage Door Opener, Extended Length Garage, Side Vehicle Entry
  • Attached Garage: No
  • Carport Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Playground
  • Association Fee: 152.0
  • Association Fee Frequency: Monthly
  • Association Name: City Property Mngmt
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property Mngmt
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Coronado Elementary School
  • High School: Higley High School
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Lot Size Sq Ft: 22514.0
  • Parcel #: 304-52-161

Building Info

  • Builder Name: Cland Custom Homes

Tax Info

  • Tax Annual Amount: 7683.48
  • Tax Book Number: 304.00
  • Tax Lot: 95
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2011
Closed on
Jan 10, 2012
Sold by
Evers James F
Bought by
Toone Wing Jeffrey Douglas and Toone Wing Melissa
Seller's Agent
Bonnie Dillon
HomeSmart
Buyer's Agent
Dan Porter
RE/MAX Solutions
List Price
$800,000
Sold Price
$670,000
Premium/Discount to List
-$130,000
-16.25%
Current Estimated Value
$2,019,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,349,704
Avg. Annual Appreciation
8.22%
Original Mortgage
$602,933
Outstanding Balance
$409,351
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,610,353

Purchase Details

Closed on
Oct 18, 2011
Sold by
Oelkers Jill L and Evers James E
Bought by
Evers James E

Purchase Details

Closed on
Apr 1, 2003
Sold by
Mcdaniel Gary B and Mcdaniel Sivi M
Bought by
Evers James E and Evers Jill L

Purchase Details

Closed on
Jun 17, 2002
Sold by
Whitewing Iii Llc
Bought by
Mcdaniel Gary B and Mcdaniel Sivi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,750
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toone Wing Jeffrey Douglas $670,000 Equity Title Agency Inc
Evers James E -- Lsi Title Agency Inc
Evers James E $124,900 Security Title Agency
Mcdaniel Gary B $121,990 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toone Wing Jeffrey Douglas $602,933
Previous Owner Mcdaniel Gary B $109,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2012 01/18/12 Sold $670,000 -10.7% $139 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
12/11/2011 12/11/11 Price Changed $750,000 -6.3% $155 / Sq Ft
11/23/2011 11/23/11 For Sale $800,000 -- $166 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,959 $106,862 -- --
2024 $9,474 $101,773 -- --
2023 $9,474 $125,230 $25,040 $100,190
2022 $9,083 $93,000 $18,600 $74,400
2021 $9,192 $88,780 $17,750 $71,030
2020 $9,338 $86,520 $17,300 $69,220
2019 $9,049 $83,600 $16,720 $66,880
2018 $8,725 $78,010 $15,600 $62,410
2017 $8,409 $77,460 $15,490 $61,970
2016 $8,468 $76,770 $15,350 $61,420
2015 $7,393 $74,720 $14,940 $59,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4680550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-52-161